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63-65 Bridge Street, BENDIGO, VIC, 3550
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63-65 Bridge Street, BENDIGO, VIC, 3550

2. Property Highlights

Renewed 5 Year Lease to Bendigo Medical | Established 1940
  • 5 year lease plus options to 2046
  • Desirable annual CPI rent reviews
  • Tenant pays all usual outgoings

+ Renewed Five (5) year lease to April 2026 plus options to 2046.

+ Bendigo Medical: established medical business in operation since 1940.

+ Desirable annual CPI rent reviews.

+ Investor preferred net lease terms with tenant paying all usual outgoings as per lease.

+ As new 715sqm* clinic including on-site UFS Pharmacy and Melbourne Pathology.

+ High profile 1,647sqm* site with important dual street frontage and 21 car spaces on-title.

+ Strategically positioned in key health precinct nearby Bendigo Hospital, brand new Ambulance HQ and CASA VIC Police building.

+ Significant tax saving depreciation benefits, with 41% of first years rent potentially tax free.

+ Bendigo: Victoria's largest inland city, population forecast to exceed 155,000** by 2036.

+ Potential 50% stamp duty savings

+ Net Income: $268,832 pa + GST.

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 14 September 2022

Crown Casino - River Room - Melbourne

*Approx

**Forecast id

Remember to mention you found this property on CommercialReady

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Beau Coulter
Beau Coulter
+61 *** *** *** show +61 413 839 898
Raoul Holderhead
Raoul Holderhead
+61 *** *** *** show +61 413 860 304

3. Property Location

63-65 Bridge Street, BENDIGO, VIC, 3550

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4. Due Diligence

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63-65 Bridge Street, BENDIGO, VIC, 3550 Bendigo
Burgess Rawson - Melbourne
Burgess Rawson - Melbourne
Level 20/150 Lonsdale St, Melbourne VIC 3000
Beau Coulter
Beau Coulter
+61 *** *** *** show +61 413 839 898
Raoul Holderhead
Raoul Holderhead
+61 *** *** *** show +61 413 860 304
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